Tornado Cash developer Alexey Pertsev was convicted of laundering $1.2 billion in crypto through the coin mixer he helped build.
The fresh raise brings Hylé’s total funding raised to $3.4 million, and the firm’s total cash to around $5 million.
The latest price moves in bitcoin (BTC) and crypto markets in context for May 14, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Solana DEX Zeta Markets has raised $5 million in a token round ahead of its token launch, airdrop and Solana Layer 2 rollup.
Bracebridge Capital also reported owning Grayscale’s GBTC, with its combined spot bitcoin ETF holdings valued at $434 million as of March 31.
Alexey Pertsev was found guilty of money laundering $1.2 billion worth of crypto.
“Roaring Kitty is living proof that retail can mog (outperform) institutions at the highest level,” one meme coin developer said.
Vitalik Buterin proposed EIP-7706, suggesting a new type of gas fees for calldata on Ethereum.
CoinShares reported a 216% year-over-year increase in Q1 revenue, gains and other income of £43.9 million ($55 million).
The distribution of June-expiry ether options reveals that derivatives traders are focused on calls above $3,600.
